Charitable Giving in Honolulu, Hawaii

Charitable giving in Honolulu, Hawaii is the giving of money or some other asset to a charitable cause.

Most charitable donors, while they're alive, give their gifts in the simplest way feasible: handing the money or property they wish to donate over to the person or group they want to assist.

What if, however, you want to give all or most of your assets to a charity, to really make a big difference? This is often not practical while the donor is alive, since they presumably have expenses, and want to maintain for themselves the lifestyle to which they're accustomed. Luckily, there are a few arrangements allowing you to have your assets transferred to a charity after your death.

There are many arrangements allowing you to donate some or all of your assets to a charitable cause after your death, but direct testamentary gifts (simply leaving money in your will to the charity of your choice) are the most common.

Charitable Trusts in Honolulu, Hawaii

Charitable trusts are arrangements that involve handing possession (but not necessarily ownership) of money or property over to a charity, either during the donor's life, or after their death.

In a charitable trust, the property is still technically owned by the donor, but the recipient retains possession and control over it. As the trustee, the charity is free to use the money for any purpose laid out in the trust agreement. With a charitable trust, trustees are generally only allowed to use the money to advance their organization's charitable mission.

If a person decides to set up a charitable trust in Honolulu, Hawaii, they usually set up a "charitable remainder trust," since this is usually beneficial to both the donor (or their estate) as well as the charity. The operation of this type of trust is fairly simple: at a set time (usually the donor's death) the property that the donor wants to give to the charity is handed over, and the charity invests it. The charity benefits by getting to keep most of the money that these investments generate. The donor benefits because they also get a percentage of this income, for a period of time laid out in the trust agreement. Afterwards, the recipient of the donation gets it free and clear.

Many charitable donations are deductible from your state and federal taxable income. But, in order for your donations to count, the charity should be registered with the IRS and equivalent institution in .

Do I Need a Honolulu, Hawaii Attorney?

When attempting to create a charitable trust, or make another charitable donation, the first thing you should do is discuss this with the organization you want to make the donation to. They will probably be able to advise you on how to donate your money in the way that will be most useful to them. And, of course, you should speak with an attorney in Honolulu, Hawaii, who will usually be able to make the process much easier.

Life in Honolulu

Honolulu means "place of shelter" and serves as just that for thousands of tourists each year. Nearly 375,000 Hawaiians call Honolulu home. That large population makes the city the most populous in the entire State of Hawaii. As the largest city in one of the U.S.'s most popular vacation states, there are diplomatic facilities of Japan, Philippines, South Korea, Australia, and the Marshall Islands among others. Honolulu is the Capital of the State of Hawaii. Consequently, Honolulu is home to many of the government facilities including the City of Honolulu and Honolulu County as well as Federal instillations like the Federal Detention Center, Honolulu. The prison is a temporary holding place for no more than 1,000 inmates awaiting trial and is located just across from the Honolulu International Airport.

Downtown Honolulu is home to Hawaii's tallest building, the First Hawaiian Center, as well as the Hawaii Pacific University campus. The Honolulu Arts District and Waikiki are the most popular attractions among tourists. The arts district rests on the eastern edge of Honolulu's Chinatown. The Arts District is home to lots of cultural institutions like the Hawaii Theatre, galleries, and venues for performing arts and music. Waikiki is one of the most popular tourist districts and home to the Ala Moana Center which is the worlds largest open air shopping center. The district also has a number of other shops and eateries that cater to tourists and locals alike.

Mr. B. is a terrific lawyer and I am extremely happy with his work. What I liked most about him was his timely responses. I highly recommend Mr. B..

CLIENT REVIEWS

Brad M.

Sussex, NJ

Wills, Trusts and Estates

Rating
(10 users)

Overall

Responded in a timely manner

Answered questions clearly

Understood needs

Gave complete and clear information

Knowledgeable in legal area

Good value for money

Would hire again

100%

Would recommend to friend

100%

by Daniel G. , 08/29/2014

by Brian C. , 07/13/2014

Brad has helped me through four post-divorce motions over the last couple of years. He was a pleasure to work with and his staff is top notch. He treated me with respect and showed a personal interest in my needs and my case. Responses to my questions were always met with speedy and helpful responses. He did everything possible to get positive results and an outcome that was fair. Although the court can be unpredictable in their rulings, I feel I had positive outcomes in all of my motions thanks to Brad. I would recommend Brad for anyone going through divorce or post-divorce issues.

by Roberto R. , 07/11/2014

Mr. M. Knows his stuff and make sure you understand the pros and cons of the decision you make

by Mary Katherine F. , 02/19/2011

good

by Iris T. , 08/05/2009

Brad has not only provided me with legal advice and services but emotional support as well. He is professional and very sensitive to his client's needs. I am more than satisfied by his services. He knows how to listen and put my insecurities/fears away. I highly recommend him...he is the whole package!

by David P. , 08/04/2009

Brad and his team were excellent. He clearly understood my situation, developed a strategy and delivered everything as planned. His office was always responsive and professional. I would certainly recommend him. Brad was the only attorney I spoke to that had a vision and predicted with exacting detail, every move that the other side was going to make. This put me on the offensive for the first time. I was completely satisfied. 100%

by Mary G. , 07/31/2009

This has been the best experience I have ever have. I would recommend Brad M. to anyone that would need an experienced wonderful caring attorney for family law.

by Gregory V. , 07/11/2014

by Sheeba S. , 12/25/2009

In the middle of all my turmoil i'm grateful the for the sensible guidance given to me by Brad M. M..He is an excellent listener, who calmly gave suggestions to my confused situation.I would surely reccomend him to anybody,especially to those who are sceptical of lawyers.He was more interested in finding a solution to my problem than asking for a fee.He is THE BEST. sheba, NJ

by Lisa Marie J. , 07/31/2009

Brad is very patient and knowledgeable. I felt he was genuinely pursuing and protecting my best interests.

CLIENT REVIEWS

David L.

Ashland, OH

Wills, Trusts and Estates

Rating
(5 users)

Overall

Responded in a timely manner

Answered questions clearly

Understood needs

Gave complete and clear information

Knowledgeable in legal area

Good value for money

Would hire again

100%

Would recommend to friend

100%

by Julie W. , 11/07/2015

David L. helped with our will and estate planning. He did a great job. Everything was done on time and went according to plan.

by Nichole B. , 06/01/2015

He was very helpful. The best I have talked to.

by Kris S. , 05/04/2015

David was always frank and helpful. He was up front about costs and the prospects about the outcome. He worked hard to control the costs in my case while providing first class service that included some evening and weekend communication. He helped me understand the law as it related to my case and managed all of the dealings with the courts and the clerks.

by Tom P. , 12/12/2014

I am already recommending David L. to my family members and friends. He provided my wife and I with all that we hoped for in successfully planning our estate documents.